To take a lead role in protecting the Groups interests in relation to contentious legal and regulatory matters including managing inbound and outbound litigation.
To develop a deep understanding of and competency in the wider legal and regulatory framework in which the Group operates.
Key Responsibilities
- Effectively manage contentious matters and litigation including: inbound litigation complex (NonBAU) outbound litigation insurance claims and contentious regulatory issues across all Group companies. This includes overseeing external law firms handling individual litigation cases.
- Identify and pursue opportunities for proactive claims against 3rd parties including via insurance claims warranty / indemnity claims professional negligence and other outbound litigation.
- Work closely with external counsel to develop implement and evaluate strategies to effectively resolve contentious matters ensuring alignment with the Groups goals risk appetite and business objectives. Ensure that external counsel are meeting performance expectations and resolving matters in line with agreed strategies and within budget.
- Support with designing and implementing costeffective pricing frameworks for use of such external law firms that support the Groups strategies on contentious issues and its commercial interests. Ensure effective management of the Groups litigation spend including reporting scrutiny and challenge (where appropriate) and budgeting. This includes reviewing and approving invoices negotiating fee arrangements and ensuring costeffectiveness in managing external counsels work.
- Develop implement and present quality management information required to support the agreed strategies in order to demonstrate their success (or otherwise) and identify any need for change and emerging risks. Regularly update Head of Litigation on the progress and potential outcomes of litigation cases and escalations as required to other senior stakeholders and governance forums.
- Ensure all legal and regulatory obligations are met and provide legal risk mitigation advice to the Groups business and functional teams.
- Develop strong working relationships (and manage those relationships) with internal stakeholders in the Group including in particular the Groups General Counsel Legal Directors Heads of Legal and the Compliance Complaints and Finance teams ensuring consistent and collaborative ways of working and focussing on overall customer outcomes.
- Delivering applicable training on contentious issues legal risks and best practices to internal teams.
- Develop an understanding of and competency in the wider legal and regulatory framework in which the Group operates.
Qualifications :
- The candidate will be a qualified solicitor and will hold a current England and Wales practising certificate. Qualified lawyers in other common law legal jurisdictions (e.g. Australia New Zealand) who can demonstrate sufficient UK law experience will also be considered.
- The candidate will be able to demonstrate an understanding of civil litigation practices and procedures as they relate to a financial services company (including the management of external counsel fee structures and budgeting). Experiences of contentious regulatory matters (e.g. FCA FOS ICO etc) insurance claims complex debt recovery matters and consumer claims are highly desirable.
- Experience in being the direct point of contact for your client(s)/senior stakeholders (up to ExCo level) and providing pragmatic solutionsbased and commercially astute legal advice and decision making.
- Inhouse experience (permanent or secondment) in the financial services/banking sector is preferable.
Additional Information :
Your Wellbeing We take your health and wellbeing very seriously by providing a range of benefits to give you and your family peace of mind. These include:
- Market leading family friendly policies such as access to our Maternity Adoption and Paternity policies from Day 1 of your employment
- Free access to Headspace a mindfulness & meditation digital health app
- Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
- EAP (Employee Assistance Programme) Offering you support on a wide range of subjects including financial concerns mental wellbeing and more general queries around family work housing and health
- Cycle to work scheme
- Discounts on gym membership
- Contributory pension scheme & death in service
Your Lifestyle Its important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when youre enjoying your leisure time.
- Minimum of 27 days holiday per year
- Option to buy or sell holiday days through our flexiholiday scheme
- Discounts on gym membership nationwide
- Access to discounts on a range of high street and online brands
- Community support and charitable giving
Your Contribution Were focused on rewarding those that go the extra mile in helping us achieve our goals.
- Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
- Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done
Remote Work :
No
Employment Type :
Fulltime